EPS details EPS came in at $0.35. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.20 per share. GAAP EPS of $0.25 for Q3 were 400% higher than the prior-year quarter's $0.05 per share.

Looking ahead Next quarter's average estimate for revenue is $22.5 million. On the bottom line, the average EPS estimate is $0.09.

Next year's average estimate for revenue is $91.3 million. The average EPS estimate is $0.75.

Investor sentiment The stock has a two-star rating (out of five) at Motley Fool CAPS, with 60 members out of 71 rating the stock outperform, and 11 members rating it underperform. Among 16 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 11 give Ellie Mae a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ellie Mae is outperform, with an average price target of $29.20.

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